The innovative multi-purpose salvage ice class ship ‘Baltika’ returned to the port of Helsinki on 30 March 2014, after the second stage of sea trials. The equipment adjustment, functional check of main systems and propulsion characteristics have confirmed the readiness of the ship. The ship customer
Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) celebrated the naming of its first L-Class vessel, Pacific Leader Maizuru Shipyard, Japan last week. Speaking at the ceremony Managing Director of SPO, Mr Neil Glenn said: “The L-Class series of large PSVs is another important
Croatian shipbuilder Uljanik, one of Europe’s oldest shipyards, has won a deal to build two Product Oil/Chemical Tankers for Trogir Maritime. The contract was signed by the representatives of the two companies on April 1st in the city of Trogir. Under the deal, Uljanik will build two 184m-long and 3
Austal Limited has been awarded an engineering services contract to support survivability testing on the U.S. Navy’s Independence-variant Littoral Combat Ship. The U.S. Navy awarded Austal USA a USD 6,7 million contract modification for the fabrication and assembly of a live fire test module. The co
Drewry’s 1Q14 Container Forecaster report highlights that the industry remains in an extended down cycle. This is being accentuated and extended by the constant delivery of new ships. The global cascade is now hurting the balance of the north/south trades. Some of these trade routes have also not li
Afai Southern launched aluminum high-speed catamaran ferry ‘PENG XING 16’ built for Shenzhen Pengxing Shipping Co.,Ltd on Monday, April 1st, 2014. The ship owner and CCS Guangzhou Branch, together with Afai’s leaders attended the ceremony where they signed progress certificate of the important miles
Euroseas Ltd., an owner and operator of drybulk carriers and container vessels, has signed a contract for the acquisition of two Eco design kamsarmax fuel efficient drybulk carriers. The vessels will have a carrying capacity of 82,000 dwt each and will be built at Jiangsu Yangzijiang Shipbuilding Co
CTruk presented new OWSV designed to safely deal with rougher seas, longer transits and tougher assignments whilst not neglecting the comfort of passengers and crew. Based on a proven workboat design concept, the CTruk EVOC22 is a 22m composite twin-hull with 7.5m beam and 1.25m draft. This innovati
NorSea Group is taking a major step forward in its international involvement by purchasing the Danish base and logistics company Danbor AS. The value of the acquisition is estimated to be around USD 42.5 million and includes in addition to facilities in Espbjerg, Denmark, a total of 370 employees. I
Singapore-listed Chinese shipbuilder Yangzijiang Shipbuilding (Holdings) Ltd. has had a busy March having received 18 new orders worth $815 million. These orders for 18 newbuildings include: two 82,000 DWT and one 208,000 DWT bulk carriers (options made effective during March); four 10,000 TEU conta
Minister for Immigration and Border Protection, Scott Morrison MP, participated in a keel laying ceremony yesterday for the sixth Cape Class Patrol Boat being manufactured at Austal’s Henderson shipyard in Western Australia. The keel laying ceremony is a time honoured shipbuilding tradition where th
The Mexican Navy and Damen Shipyards Group (the Netherlands) signed another contract for a license, material package and technical assistance of a Damen Stan Patrol 4207. The agreement also includes crew training in the Netherlands. This contract, the sixth patrol vessel of the Tenochtitlan class, u
Affirming its already strong standing in Asia’s offshore oil & gas support services sector, Pacific Radiance Ltd. has bagged a contract worth up to $100 million for its latest maintenance work vessel (MWV). Under the terms of the contract, the MWV, which joined the Group’s diverse fleet in the first
Nakilat Damen Shipyards Qatar (NDSQ) has signed two Memoranda of Understanding (MoUs) worth approx. $851 million to build seven vessels for Qatar Armed Forces. The MoUs were signed on Thursday 27th March during the DIMDEX event at Qatar National Convention Center (QNCC). Once all the necessary agree